Fundz

Baraja Receives Investment From Veoneer On The Heels Of The Advanced Development Agreement With Global Automotive Oem

PRIVATEJan 03, 2023

Round Type

Venture

SydneyHardwareImage RecognitionSatellite Communication

Description

The partnership between Baraja, creator of the breakthrough Spectrum-ScanTM LiDAR technology, and Veoneer, the world leader in automotive safety, has been extended with an investment by Veoneer in Baraja. This follows the recent announcement of an advanced development agreement with a major automotive original equipment manufacturer (OEM). Baraja is making significant progress with ongoing validation of its next-generation Spectrum HD25 LiDAR product developed specifically for automotive integration.

Quick answer

Baraja raised an undisclosed amount in a funding round, dated January 3, 2023. Baraja is based in Sydney, New South Wales, Australia.

How much did Baraja raise?
Baraja raised an undisclosed amount in a funding round on January 3, 2023.
What does Baraja do?
Baraja is building the future of LiDAR to enable the autonomous future.
Where is Baraja based and how big is it?
Baraja is based in Sydney, New South Wales, Australia.

Source: Fundz verified event record.

Who else raised in Hardware and Image Recognition around the same time

Companies in the same sectors as Baraja that raised within 45 days of this round, from Fundz verified event records.

  • Guerrilla RF raised $100K (Seed) on February 7, 2023.
  • Guerrilla RF raised $5M (Post-IPO Equity) on January 3, 2023.
  • Guerrilla RF raised $5M on December 30, 2022.
  • Phantom Space Corporation raised $22M (Seed) on December 7, 2022.
  • AST SpaceMobile raised an undisclosed amount (Funding Round) on December 2, 2022.
  • Atento Luxco 1 S.A raised $40M on February 17, 2023.

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Company Information

Company

Baraja

Location

Sydney, New South Wales, Australia

About

Baraja is building the future of LiDAR to enable the autonomous future. With its revolutionary Spectrum-Scan™ LiDAR technology, Baraja gives leading automotive companies a solid state system in the fast axis that sets a new benchmark in precision and reliability. Baraja was founded in 2016 by telecommunications engineers Federico Collarte and Cibby Pulikkaseril, who discovered a way to use the industry's proven optical fiber + photonics technology to solve the problems faced by legacy LiDAR. Baraja is backed by Sequoia, Blackbird Ventures, Hitachi Construction Machinery and Main Sequence Ventures.

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Baraja raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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